BlockBeats News, June 11, NEAR Protocol announced the official launch of the Near@3.33 Incentive Milestone Plan, targeting users who utilize their cross-chain transaction privacy execution feature, Confidential Intents, on their website. Currently, users have not yet received tokens in their accounts. When the Confidential Intents TVL reaches $70 million, the system will take a snapshot and distribute milestone tokens to eligible accounts. Users' past activities will count towards the allocation quota and will continue to be updated before the snapshot conditions are met. New users joining now and increasing activity can still receive a higher allocation quota.

Drop 1 will distribute 333,333 milestone tokens. The milestone tokens are locked rewards and are initially non-transferable or sellable. When the NEAR volume-weighted average price stays at $3.33 or above for 3 consecutive days, the milestone tokens will be converted to NEAR at a 1:1 ratio.

Each wallet can receive a maximum of 2% allocation from this round of airdrop pool. Users need to maintain a confidential balance of over $100 in any asset on near.com and complete at least one confidential swap to qualify for the snapshot. Holdings and activities above this threshold will affect the final allocation. Future rounds and more airdrops will be introduced, with each round setting conditions based on higher levels of community activity.